On Thursday, oil fell to a new trend low of $69.86 before regaining strength later in the session. This low brought it close to the key support level at the 78.6% Fibonacci retracement at $69.68. While it remains to be seen whether the exact...
USD/JPY TECHNICAL ANALYSIS: On the USD/JPY H4 time frame, the price action reveals some important movements. Last Friday, the USD/JPY pair hit a high of $150.29, which was a key resistance level that drew attention from many traders. However, as we...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hi, dear forex traders and visitors from all over the world. Today we will examine the price action of the NZD/USD market, let's study its price movement. NZD/USD is trading at 0.6055 at the time of...
Forex chart types Forex trading relies heavily on the use of charts to track and predict trading product movements. Understanding the different types of charts is crucial for traders to analyse trends, make informed decisions, and develop effective...
The AUD/USD pair is currently trading within a range of 0.6763x, showing signs of upward momentum, although it hasn’t yet reached its highest resistance level. However, it's important to note that the price increase for today might be more dominant....